HR 2863 · 117th Congress

First-Time Homebuyer Act of 2021

<p><strong>First-Time Homebuyer Act of 2021</strong></p> <p>This bill modifies the first-time homebuyer tax credit. Specifically, it increases the allowable dollar amount of the credit from $8,000 to $15,000, revises the income formula for determining the maximum allowable credit amount, replaces the limitation on…

Sponsor

Blumenauer, Earl (D-OR)

Introduced

2021-04-28

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.